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Re-ratings - Moody's rates AXA.
(From Reinsurance)
Moody's has affirmed with a stable outlook AXA's debt ratings (senior at A2), as well as the Aa3 insurance financial strength ratings of AXA's main operating subsidiaries, saying that the group's refocusing and rationalisation efforts have leveraged AXA's global insurance franchise, yielding greater earnings stability and financial strength.
The rating agency said that its stable rating outlook on the insurance financial strength ratings of the group's core operating units (in France, US, UK, Germany and Belgium) reflects their leading positions in their respective markets, sound economic solvency and reserving practices, and their prospects for ...
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